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    Miranda Kerr Not Dating Billionaire James Packer

    James Packer, Miranda Kerr AFP/Getty Images, StarTraks

    Has Miranda Kerr already moved on from Orlando Bloom?

    That's hard to say, but one thing we do know is that, contrary to rumors, the Victoria's Secret model is not dating billionaire James Packer.

    Woman's Day had reported that the 30-year-old Kerr and the 46-year-old casino mogul, a fellow Australian, are now an item, but a source confirms to E! News that there is "no truth to this."

    Packer announced three months ago that he and his model wife, Erica Baxter, were separating, about a month before Kerr and Bloom revealed their own split.

    Kerr and Packer aren't strangers, either, however. They, along with their former significant others, reportedly vacationed together with their families in Tahiti last year.

    LOOK: Miranda Kerr goes nearly nude

    Packer and Baxter have three children, while Kerr and Bloom have a 2-year-old son, Flynn.

    Speaking of Flynn, the tiny tyke joined both mom and dad for lunch in New York City before heading with Kerr to catch Bloom perform in the Broadway production of Romeo & Juliet.

    Earlier this year, Packer made headlines of a different sort when he talked about meeting Tom Cruise.

    According to the Hollywood Reporter, Packer gave an interview with the Seven Network in Australia during which he explained how the actor was there for him at his lowest point in 2002 and a friendship was formed.

    "I felt isolated, I felt like a failure and it was not a great time in my life," Packer is quoted as saying. "Tom Cruise reached out to me and it was a surreal thing. I had met him only once or twice and he was in Australia and we got together. I think that he could tell that I was in pain and he invited me to his house to go skiing with him. He never asked me for anything, never asked me for anything in his entire life, and he believed in me when other people didn't ... I'm very grateful."

    PHOTOS: Miranda Kerr's top modeling moments

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